Members of the Writers Guild of America East hold signs as they walk on the picket line outside the Peacock NewFront in New York City, May 2, 2023.Michael M. Santiago | Getty ImagesMembers of the Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and their walkout is already hurting Hollywood productions.More than 11,000 film and television writers, who say their compensation doesn’t match the revenue generated in the streaming era, are on strike for the first time since 2008. Immediately, daily late-night shows went dark, alongside the weekly comedy staple “Saturday Night Live.”Since then, several notable films and shows have halted or wrapped production early, including Netflix’s “Stranger Things,” Disney and Marvel’s “Blade,” AppleTV+’s “Severance” and Paramount’s “Evil.”Beyond the delayed production and likely delayed releases of these titles, industry experts worry the work pause could have a financial toll greater than that of the previous writers’ strike.Writers who manned the picket lines 15 years ago remained on strike for 100 days, leading to an estimated cost of $2 billion to the industry, according to data from the Milken Institute. It also had major economic repercussions for ancillary businesses such as hotels, restaurants and construction companies that often work with film and television productions.This is the first strike of its kind during the streaming era and hits many companies across three different facets of their media businesses: theatrical, linear TV and streaming.The WGA is seeking higher compensation and residuals, particularly when it comes to streaming shows, as well as new rules that will require studios to staff television shows with a certain number of writers for a specific period. The WGA is also seeking compensation throughout the process of preproduction, production and postproduction. Currently, writers are often expected to provide revisions or craft new material without being paid.Several productions with finished scripts, such as Amazon’s “The Rings of Power,” have decided to continue filming without writers or showrunners on set. Others have opted to postpone production.On Monday, Apple’s drama series “Severance” paused production of its second season after members of the International Alliance of Theatrical Stage Employees (IATSE) and Teamsters refused to cross the WGA picket line at York Studios in New York.This is the second Apple TV+ series to shut down because of the strike, after Maya Rudolph’s series “Loot” paused filming last week in Los Angeles.Over the weekend, “Stranger Things” creators Matt and Ross Duffer announced production on the fifth and final season of the show had been delayed because of the labor unrest.”Writing does not stop when filming begins,” the duo tweeted. “While we’re excited to start production with our amazing cast and crew, it is not possible during this strike. We hope a fair deal is reached soon so we can all get back to work.”Paramount’s “Evil” wrapped filming on season four earlier than anticipated, in part because of disruptions from picketing WGA members and, in part, because one of its cast members is taking a leave of absence due to a family matter. The season was slated to have 10 episodes, but it remains unclear whether the early end to …

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